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“Around the same time that Goldwater lost his bid for the presidency, the TV evangelicals Pat Robertson and Jerry Falwell joined the libertarian, far-right wing of the Republican Party. They called for free markets and cited Hayek and Friedman to protest government bureaucrats, while also issuing daily denunciations of rock music, homosexuals, abortion, civil rights, and pornography. Hard-right evangelicals were among the most influential leaders of the new free-market movement. The Republican Party became an ideological mix of the mainline northeastern establishment, American Baptist puritanism, racism and bigotry, and a Friedmanesque and American Southwest individualist libertarianism and permissiveness—all held together by a near-religious reverence for the multinational conglomerate firm and the sanctity of capital-holding shareholders.”

Quote by Jacob Soll

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Free Market: The History of an Idea

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Jacob Soll

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